Google pays up to keep Eric Schmidt around

Liz Gaines

Wednesday, 5 Feb 2014 | 8:19 AM ETRecode

SHARES

Patrick Bucci | CNBC

Eric Schmidt at WEF in Davos, Switzerland.

What's it costing Google to keep former CEO Eric Schmidt around? The company said in a regulatory filing today it was awarding the chairman $100 million worth of stock that will vest over the next four years, plus a $6 million cash bonus.